Flooded cropThis article was originally published in Foodnews
AUSTRALIA's sweet potato growers based in Bundaberg, southern Queensland, have bemoaned that recent flooding has resulted in February being the worst months for the industry on record. The area, which supplies 90% of Australia's crop, suffered losses in January due to flooding. Farmers replanted to make up for the previous month's loss, which resulted in an oversupply of the produce on the market. It was thought that some growers reported about a 25% drop in profit, as prices slumped to AUD5.00 (USD5.05) per carton, this is around AUD9.00 below production costs, with farmers needing to receive above AUD14.00/carton just to break even.